Shore Capital Stockbrokers Ltd, acting as an exempt principal trader, disclosed dealings in the ordinary shares of Pharos Energy Plc on 28 July 2026. The firm purchased 58,566 shares at 31.6 pence per share and sold 68,566 shares at prices ranging from 31.6 pence to 31.754 pence per share. The disclosure was made under Rule 8.5 of the Takeover Code in connection with an offer involving Ratio Petroleum Energy LP. No indemnity or other dealing arrangements were reported.
Pharos Energy plcShore Capital's dealings in Pharos Energy shares disclosed under Takeover Code Rule 8.5 in connection with an offer by Ratio Petroleum Energy LP, but no clear impact on Pharos from the dealings themselves.
Ratio Petroleum Energy LP is the offeror in a potential takeover of Pharos Energy, but the article only reports dealings by Shore Capital, not any substantive development for Ratio.